Alex Witt, MSNBC’s weekend anchor, talked to Lou Ann Hammond, CEO, carlist.com, about General Motors bankruptcy.

When a consumer buys a car they have the choice of financing from multiple places, most people know this. What they may not know is that when they are buying an extended warranty it could be through the manufacturer or the car dealership. With certain car dealerships going under, if you own a Chrysler or General Motors vehicle and have an extended warranty you need to read your contract and see if it is through the manufacturer or car dealer. If the car dealer is going to stay in business, you are good.